News Story

VANCOUVER, Sep. 10, 2012, 2012 (Canada NewsWire via COMTEX News Network) -- Purchase of remaining Van Dyke Unpatented Mining Claims pertaining to
the Van Dyke Copper Deposit is pending subject to acquisition by Bell
Resources from Bennu Vendors

Mr. Elmer Stewart, President and CEO
of Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU) announced the closing of the acquisition from Bell Copper Corporation
("Bell Copper") of 100% of Bell Copper's interests in the Sombrero
Butte property located in Pinal County, Arizona (the "Sombrero Butte
Copper Project") and all Bureau of Land Management (Arizona) lode
claims (the "Van Dyke BLM Claims") that Bell Copper acquired which are
adjacent to Bell Copper's interests in the Van Dyke copper deposit
located in Miami, Arizona. Copper Fox acquired the Sombrero Butte
Copper Project and Van Dyke BLM Claims by paying to Bell Copper the
US-dollar equivalent of CDN$1,000,000 in cash and assuming Bell
Copper's continuing obligations in respect of the Sombrero Butte Copper
Project and Van Dyke BLM Claims.

The acquisition of Bell Copper's interests in the Van Dyke copper
deposit (the "Van Dyke Unpatented Mining Claims") is pending subject to
Bell Copper completing the acquisition pursuant to the terms of the
purchase and sale and royalty agreement between Bell Resources (Nevada)
Corporation, a wholly-owned subsidiary of Bell Copper, and Bennu
Properties, LLC, Albert W. Fritz Jr. and Edith Spencer Fritz (the
"Bennu Vendors"), including payment by Bell Copper of US$500,000 in
cash to the Bennu Vendors on closing (refer Copper Fox's news release
of July 9, 2012).

Highlights:
A description of the Van Dyke property and Sombrero Butte property was
provided in the news release issued by Copper Fox on July 9, 2012. For
easy reference the highlights of the Sombrero Butte property and the
Van Dyke BLM Claims include:

a)      The area to the west of the Van Dyke deposit referred to as
        Azurite Ridge is surrounded on three sides by the Van Dyke BLM
        claims.

b)      At Azurite Ridge, copper oxide mineralization (Azurite)hosted
        in Pinal schist is exposed in outcrop over a horizontal
        distance for approximately 500 m,

c)      The Van Dyke BLM claims have not been explored for copper
        mineralization using current exploration techniques,

d)      Several clusters of copper bearing breccia pipes have been
        tested by diamond drilling on the Sombrero Butte property where
        29 of 34 holes drilled to test 8 breccia pipes intersected
        significant copper mineralization over core intervals ranging
        from 2m to 72m and average copper grades ranging from 0.37% to
        5.85%, and

e)      The first phase of exploration of the Sombrero Butte property
        would include a deep penetrating Induced Polarization
        geophysical survey as well as detailed mapping.

Sombrero Butte Property:
The Sombrero Butte property consists of 2,887 acres located in the
Bunker Hill Mining District 44 miles northeast of Tucson, Arizona. The
project is located 9 miles east of the San Manuel Mine (14 billion lbs
Cu), and 2 miles south of Redhawk Resources' Copper Creek project (3.4
billion lbs Cu).

Some of the mineralized interval from the 34 holes completed on the
Sombrero Butte property is:

 Breccia       Drill      From (m)     To (m)     Interval      Copper
  Pipe        Hole ID                                (m)          (%)

   Magma       SB-02         286         334           48         1.06

Campstool      SB-03         272         294           22         0.58

  Sunset       SB-05          18          40           22         4.74

 Rattler       SB-09          96         110           14         0.83

Audacious      SB-14          20          86           66         1.45

Victor's       SB-29           4          70           66         0.61

The mineralized intervals listed in the above table do not represent
true widths.

The Sombrero Butte property also hosts 12 breccia pipes that contain
dickite in the altered breccia matrix. Dickite is an indicator mineral
which forms under high temperature, acidic conditions, and occurs in
multiple porphyry copper deposits, including the nearby San Manuel
mine.

The Sombrero Butte property is subject to an option agreement to earn a
100% interest in the property by making cash payments of US$60,000 in
January 2013 and US$650,000 in January 2014.